Packaging company Macfarlane Group (LON:MACF) expressed confidence full-year expectations will be met, which means profits should be well up on last year.
The growth momentum achieved in the first half of 2015 has been maintained, the company told investors, with profits continuing to be comfortably ahead of last year, and the trend is expected to continue for the rest of 2015.
In Packaging Distribution, sales for the year to date have increased by 14% compared to 2014, of which 6% represents organic growth.
Operating profit for the full year from Packaging Distribution is expected to be well above that achieved in 2014.
Sales from Manufacturing Operations are showing improvement in the second half, but year to date are 2% below 2014.
Operating profit for the full year in Manufacturing Operations is expected to be slightly above 2014 levels.
The shares were up 12.8% at 53p in late morning trading.